Market Activity

Ruminant MBM traded as high as $230 out of the Panhandle this afternoon with $205 reported FOB Panhandle and River. Eastern market action was higher with activity seen as high as $295. Reports outside of these three markets was non-existent and sources have commented that most sellers are “living off of exports.” There were reports of improved blend pricing and sellers are hopeful that this will spill into the MBM markets. 

…